Western Carriers (India) Limited (NSE: WCIL, BSE: 544258) held a board meeting on October 9, 2024, where it approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2024. The results, reviewed by the company’s Audit Committee, were presented in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Highlights:
- Revenue: The company reported total revenue from operations of ₹4,227.09 million for Q1 FY25, showing an improvement from ₹4,016.40 million in the previous quarter.
- Profit: The company’s profit before tax stood at ₹255.24 million, down from ₹327.70 million in the preceding quarter but higher than ₹233.05 million for the corresponding quarter last year.
- Net Profit: The company recorded a net profit of ₹188.99 million, compared to ₹241.97 million in Q4 FY24 and ₹174.42 million in Q1 FY24.
The company continues to benefit from its robust operations in the logistics sector, with the Board reaffirming its commitment to growth and financial stability. Additionally, the board meeting confirmed that the company’s consolidated results, including its associates, followed similar trends of steady operational performance.
